Question: please help me how to do this! Current Attempt in Progress The following items were taken from the financial statements of Mountain Enterprises. (All amounts

please help me how to do this!


Current Attempt in Progress The following items were taken from the financial statements of Mountain Enterprises. (All amounts are in thousands.) Long-term debt Prepaid insurance Equipment Share investments (long-term) Debt investments (short-term) Notes payable (due in 2021) Cash HK$940 611 10,810 246 3.470 470 2.505 Accumulated depreciation equipment Accounts payable Notes payable (due after 2021) Share capital-ordinary Retained earnings Accounts receivable Inventory HK$5,315 1.139 376 10,767 1,410 1.595 1,180 Prepare a classified statement of financial position in good form as of December 31, 2020. (List Current Assets in the reverse order of liquidity.) MOUNTAIN ENTERPRISES Statement of Financial Position (in thousands) Assets MOUNTAIN ENTERPRISES Statement of Financial Position (in thousands Asses Equity and Liabilities HALS | Ano and Equipment Share investments long term Debt investments Short-term Notas payable dus in 2021 Cash 10.810 248 3470 470 2505 Notes payabe dud after 2021 Share capita-ordinary Ratained earnings Accounts receivas Inventory 376 107,67 1.410 1.595 1,100 Prepare a classified statement of financial position in good form as of December 31, 2020 Most Current in the reverse order of liquidity MOUNTAIN ENTERPRISES Statement of Financial Position (in thousands) Assets HAS HKS HHIS Equity and Liabilities HKS HAS HKS HRE Amad
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